Reducing Apple’s dependence on China by just 10% would take eight years

A recent survey by the US-China Business Council revealed that American companies are more pessimistic than ever about manufacturing operations in the country, citing ten concerns. Around a quarter of US businesses with Chinese manufacturing operations have moved some production out of the country in the past year, but this has generally only amounted to what has become known as the “China Plus One” strategy. This is where the bulk of production remains in China, but one additional country is added as contingency.